A raft of self-employed workers are still being denied help as a second lockdown arrives – more than seven months after the first coronavirus support measures were announced. This week’s announcement that the Self-Employment Income Support Scheme will be extended through to January has been welcomed, but all those who weren’t eligible before the extension … Read more
Rishi Sunak is to double the cash handed out to the self-employed during the new lockdown as the Chancellor beefs up support amid increasing winter economic gloom. People working for themselves will be able to claim 80 per cent of their average trading profits during November, up from 40 per cent currently under plans outlined by … Read more
Nearly half a million self-employed workers banked £1.3billion of taxpayer cash despite suffering no loss in income during the coronavirus pandemic. The Resolution Foundation, which asked 6,000 people, found 17 per cent applying for the self-employed income support scheme had not had seen their earnings fall. It would suggest between March and September 435,000 workers received support even … Read more
Rishi Sunak’s emergency rescue plan to extend financial help for businesses has kept some firms happy, but others accused the Chancellor of ‘robbing Peter to pay Paul’. Rishi Sunak shared his ‘Winter Economic Plan’ today, which provided an update on the new jobs support programme due to replace the furlough scheme among other policies designed … Read more
Rishi’s emergency rescue plan to extend financial help for businesses has kept some firms happy while others accused the Chancellor of ‘robbing Peter to pay Paul’. Rishi Sunak shared his ‘Winter Economic Plan’ today, which provided an update on the new programme due to replace the furlough scheme among other policies designed to protect jobs … Read more
Millions of self-employed workers have been left devastated as they watched Chancellor Rishi Sunak deliver his Summer Statement with bated breath, only to hear nothing about receiving any Covid-19 financial support. An estimated 3million of the UK’s workforce have been left in the cold by exclusions in the support package for the self-employed, say campaigners, … Read more
Millions of self-employed workers have been left devastated as they watched Chancellor Rishi Sunak deliver his Summer Statement with bated breath, only to hear nothing about receiving any Covid-19 financial support. An estimated 3million of the UK’s workforce have been left in the cold by exclusions in the support package for the self-employed, say campaigners, … Read more
Approximately 230,000 of Britain’s self-employed continue to be excluded from any Government support because they have had trading profits of £50,000 or more in the last three years. Campaigners are calling on the Chancellor to step in and remove their exclusion from the Self Employment Income Support Scheme, when he makes a summer statement to … Read more
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Self-employed borrowers frozen out by banks since lockdown get some hope as small building society offers a new ‘bounce back’ mortgage Self-employed will have been hard pressed to find a mortgage so far this year Banks have limited who they lend to as worries over the economy loom New deal could help by letting those … Read more